Retire in Princeton

City Overview

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Princeton University is the most notable landmark in Princeton, New Jersey, an affluent college town filled with picture-perfect streets, buildings, and homes and an equally impressive downtown area. While the 13,000 residents of Princeton include many college students, it is this aspect of life that gives the city the edge that it needs for those who decide to retire in town. Additionally, the many Princeton retirement communities and activities for seniors secure a lively life ahead. While a move to Princeton is a splurge, living in the luxurious environment is well-worth spending the nearly $821,000 (average cost) to purchase a home in town. Princeton is filled with history that is easy to see throughout the architecture and design throughout the town. Nassau Hall, Carnegie Lake, and Palmer Square are a few of the top Princeton activities. Princeton Junction is a popular senior-living neighborhood, although some retirees prefer the waterfront homes found at Princeton Landings.

City Highlights

  1. Below average crime rates
  2. Excellent healthcare
  3. Pedestrian and bicycle friendly
  4. Easy access to New York City

Potential Drawbacks

  1. Very high cost of living
  2. Traffic congestion

At a glance

Population:

28,940

Median age:

32

Median Household Income:

$ 116,875

Nearest City with Population of 200k+:

Newark NJ

Population Growth Last 3 Years

3.6%

County:

Mercer

Age Breakdown (%)

  • 55 and under
  • 55 to 64 years
  • 65 to 74 years
  • Over 75

Gender breakdown over 65 years (%)

  • Men
  • Women

Airports

Closest Airport:

Trenton-Mercer Airport

Distance to Closest Airport:

13

Closest Major Airport:

Newark Liberty International Airport

Distance to Closest Major Airport:

41

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